Nahar Polyfilms Ltd
NSE: NAHARPOLY BSE: 523391
Incorporated in 1988, Nahar Poly Films Ltd manufactures transparent & metalized Flexible Packaging Films[1]
₹237
52W: ₹200 — ₹390
PE 9.46 · Book ₹207 · +14% vs bookMarket Cap₹582 Cr
Stock P/E9.46Price to Earnings
ROCE10.1%Return on Capital
ROE7.14%Return on Equity
Div. Yield0.43%Face Value ₹5
Strengths
- +Company has reduced debt.
- +Stock is trading at 1.13 times its book value
Weaknesses
- −Company has a low return on equity of 3.62% over last 3 years.
Shareholding Pattern
Promoters72.51%
FIIs0.03%
DIIs0.01%
Public27.45%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 71.88% | 71.88% | 71.88% | 72.22%▲0.3 | 72.24%▲0.0 | 72.28%▲0.0 | 72.28% | 72.51%▲0.2 |
| FIIs | 0.11% | 0.03%▼0.1 | 0.05%▲0.0 | 0.03%▼0.0 | 0.1%▲0.1 | 0.1% | 0.03%▼0.1 | 0.03% |
| DIIs | 0.01% | 0.01% | 0.01% | 0.01% | 0.27%▲0.3 | 0.01%▼0.3 | 0.01% | 0.01% |
| Public | 27.98% | 28.08%▲0.1 | 28.04%▼0.0 | 27.75%▼0.3 | 27.38%▼0.4 | 27.63%▲0.3 | 27.69%▲0.1 | 27.45%▼0.2 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 137 | 154 | 153 | 168 | 169 | 173 | 157 | 197 | 172 | 167 |
| Expenses | 121 | 154 | 151 | 153 | 146 | 158 | 133 | 169 | 145 | 147 |
| Operating Profit | 16 | 0 | 2 | 15 | 23 | 15 | 23 | 28 | 28 | 20 |
| OPM % | 12% | 0% | 1% | 9% | 13% | 9% | 15% | 14% | 16% | 12% |
| Net Profit | 8 | -9 | -2 | 4 | 13 | 7 | 13 | 15 | 17 | 16 |
| EPS ₹ | 3.39 | -3.64 | -0.83 | 1.62 | 5.18 | 2.68 | 5.31 | 6.06 | 7.02 | 6.63 |
AI Insights
Revenue Trend
TTM revenue at ₹693Cr, up 4.1% YoY. OPM at 14%.
Debt Position
Borrowings at ₹96Cr. Debt-to-equity ratio: 0.19x. Healthy balance sheet.
Capex Cycle
CWIP at ₹10Cr (5% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 0.01% (+0.00pp change). FIIs: 0.03% (-0.03pp change). Promoters hold 72.51%.
Margin & Efficiency
ROCE improving from 5% (Mar 2014) to 10% (Mar 2025). Working capital days: 40.
Valuation
PE 9.46x with 10.1% ROCE. Price is 14% above book value of ₹207. Dividend yield: 0.43%.
Recent Announcements
- Demat Report For The Month Of April, 2026 2 May - April 2026 demat report filed; 1,733 shares dematerialized, NSDL/CDSL holding at 24,088,446 shares.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr - Certificate under Regulation 74(5) of SEBI (DP) Regulation, 2018 for the Quarter Ended 31.03.2026 is enclosed.
- Announcement under Regulation 30 (LODR)-Credit Rating 8 Apr - CARE reaffirmed Nahar Polyfilms' ratings: CARE A; Stable on Rs545 crore, CARE A1 on Rs12 crore.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Apr
- DEMAT REPORT FOR THE MONTH OF MARCH, 2026 2 Apr - March 2026 dematerialization certificate filed; 2,095 shares dematerialized, total NSDL/CDSL holding 24,086,713 shares.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse